Uplift DAO: Permissionless & Decentralized Launchpad for DeFi Projects

Time Stamp: April 4, 2022 6:56 AM
Source Node: 1249284

UpLift DAO is a permissionless and fully decentralized platform for token sales and swaps. It offers opportunities to incubate, launch, and accelerate projects opening in DeFi.

Today, crypto projects continue booming as cryptocurrency is the most modern and attractive asset among investors. However, some key problems for crypto business include transparency, discrimination, lack of access, and the potential for corruption.

What Is UpLift DAO?

Anyone can buy cryptos on exchanges, but by the time a brand new token is listed, it’s already reached a price where there’s little chance for large gains.

On the other hand, there are crypto launchpads for purchasing cryptos in the early stages but they’re not accessible to small wallet holders.

To be able to participate in many new token presales, one has got to stake several thousand worths of tokens.

UpLift is a solution that serves as a launchpad to give everybody opportunities to participate in the presale and benefit from the crypto industry’s potential.

Moreover, UpLift is also a DAO (Decentralized Autonomous Organization), where decisions will be made by not only a small group but by everybody who stakes the token.

The DAO is Rising

The DAO structure can make things better, even in an industry where large quantities of money might normally create corruption. As a result, Uplift DAO is changing the structure and creating a better business model.

The UpLift launchpad is backed by the LIFT utility token. It’s created to become a formidable platform for disruptive projects and retail investors to collaborate.

Opening up prospects for long-term gains, the UpLift platform provides possibilities to become fully immersed within the project life-cycle.

From the beginning until the highest-level goals are achieved. The UpLift community has come to nourish sustainable growth of the projects incubated on the platform and seek long-term investment opportunities.

UpLift is one of the rising projects in the fundraising ecosystem. Since its launch, the launchpad has raised over 840,000 BUSD and attracted more than 7,000 active stakers.

How IDOs Are Stored on UpLift DAO

IDO is short for Initial DEX Offering. A brand new variant of ICO, it marks a project’s first crypto-token offering to a decentralized exchange (DEX).

Investors lock their funds with a project in exchange for its native token that will soon be launched.

After the token generation event, the project airdrops the tokens to the participants’ wallets. With that, the token is then added to different liquidity pools on DEXs, they can then be exchanged for other cryptocurrencies.

Crypto investors could prefer early access to projects. Sadly, early-stage investments in most projects are reserved for private investors and VCs who have a lot of money to spare and often buy tokens in bulk for discounted prices.

On the other hand, retail investors can’t afford to be a part of this.

Meanwhile, IDOs open up early-stage investment for all. Most crypto projects often set aside a portion of their tokens for the public and the community before they are listed on the DEX.

Although the amount may be significantly low, it goes a long way in nurturing awareness, engagement, and loyalty for participants in a community.

In addition, the price of a token in the allocations is also usually low enough for retail investors.

Why is UpLift An Attractive Launchpad for New Projects?

When mentioning UpLift, one of its most highlighted is community strength.

The platform has a long-term mindset community who are committed to holding the project tokens and not selling them too quickly in the open market.

The UpLift community spans over 80 countries, creating global exposure for each project.

Not only being more than just financial contributors, they understand how to promote and bring exposure to projects in the open market.

Council members and the community are committed to 3 phases with each project, including incubating the pre-launch momentum, facilitating the official launch, and accelerating the post-launch growth.

As such, when entering the UpLift ecosystem, projects should be helped throughout the whole cycle not only in the seed stage, grow a community, legally, and can access Uplift’s network of partners.

In particular, they aren’t charged in advance – how cool is that?

UpLift gives the community access early to coming tokens without following a tiered allocation system.

There’s a lottery that will randomly select participants. In addition, there is a stand-off period after each IDO to ensure a diverse set of participants and fair allocation.

Compared to other launchpads in the market such as Polkastarter, BSCPad, or DAOMaker which are also dedicated to different categories of projects and blockchains, UpLift is taking the best from the pioneering projects and adding some new features.

Better for Everyone

Investors can benefit from the low entry barrier. Currently, users stake only 100 LIFT, the UpLift native token, to participate in an UpLift IDO. Users will stake to get rewards.

There’s also a Referral Program to contribute to the community. Each time someone you refer participates in an IDO, you will receive LIFT with 5% for the parent referrer and 5% for the grandparent referrer.

The UpLift launchpad is built on Binance Smart Chain, it provides market-wide exposure to all active IDO participants and LIFT token holders.

Not only that but the tokens can be also distributed on any EVM-compatible network.

UpLift also supports project building on a wide range of emerging networks including Polygon and NEAR.

How UpLift Works

As the crypto world is filled with opportunities, UpLift DAO is breaking down entry barriers for all market participants by enabling them to access early-stage deals.

The launchpad focuses on GameFi, Metaverse, NFT, and DEX Projects that are looking to raise funds or looking for incubation launchpads where they can launch quickly and don’t have to pay in advance for the presale.

UpLift follows a community-based capital deployment mode.

As said, it features a lottery-based token allocation system to select participants.

The lottery technology uses Chainlink’s VeAn un-tiered system and a stand-off period after each.

Also, there’s a stand-off period after each IDO to ensure further representation. It’s also a wide community of marketers and investors created and influenced by KOLs

There are many incentives such as Bounty programs, Farming programs, and Referral programs are offered to the community. Participants can earn rewards by helping the community grow, learn, and prosper.

Tokenomics

LIFT is the platform’s native token. It is used in staking, rewards, and bonuses. The token also represents each member’s stake in the ecosystem that the number of votes given to each member depends on the number of governance tokens they hold.

1 billion LIFT will be distributed as follows:

  • 15% for Marketing
  • 18% for Public Presale
  • 8% for Council
  • 14% for Treasury
  • 12% for Burning
  • 18% for Farming
  • 5% for Airdrop
  • 10% for Liquidity

Check Out UpLift DAO

UpLift DAO, one of the leading launchpads in the crypto space, is changing the world of crypto.

While market participants manage to get in early to generate astronomical rewards, it is challenging for them to find up-and-coming potential projects with differentiating factors.

Projects like UpLift DAO are exploring categories in the crypto industry to add opportunities to the average backer by participating in promising projects as well as earning side income and contributing to the DAO.

These platforms are also the best path for an average investor to have access to industry experts and IDO deals. To learn more about UpLift DAO – please click here!

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